Stock chart
Analyses on Orad (3)
- March 25, 2026March 25, 2026
- Follow-up
Orad: what is really behind the solar segment's profitability improvement
Orad’s solar-margin improvement in 2025 was real, but it relied mainly on a jump in project execution and better operating leverage rather than on a step-change toward a service-led model. The 2026 backlog and maintenance base support some repeatability, but they still do not pr…
- Follow-up
Orad: are NIS 102.8 million of receivables and accrued revenue a growth engine or a working-capital trap
The NIS 102.8 million receivables and accrued-revenue line does not currently point to a classic credit-quality breakdown, but it does point to a growth model that consumes funding: a quarter of the balance is accrued revenue, customer days stayed high, and supplier credit short…
Orad 2025: backlog and solar improved, but cash is still tied up in receivables
Orad ended 2025 as a stronger company on profit and backlog, but the real bottleneck is still working capital, so the quality of the improvement will be judged through collections and cash rather than net income alone.
